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Day 1 China
serp

Day 1 China
Dhrumil

Day 1 China
Adam





POWERED BY MOVABLE TYPE 3.2

October 14, 2005

Day 1 China

I am now at the Radission in Hangzhou. Below are some ruminations on the trip so far:

  1. I had the opportunity to speak with two senior college students from China for aobut two hours today. In terms of mindset, students in China seem very similar to the USA. One thing I thought was interesting is that about 10% students are handpicked by their teachers and advisors to be part of the Communist party. Angela, the student, I spoke with said that it was an honor and that some of the key beliefs (roughly) are:
    • Love for one's country
    • Helping others
    • No belief in religion
  2. At one point she asked me what happens in the USA when everybody votes for one person. This showed me that we're coming from completely different frameworks regarding politics. I want to learn more.
  3. Angela asked me which country I thought was more stable, India or China. She was very surprised that I said, India.
  4. I've met a few Americans that live in Shanghai and help companies move here. Seems like they're doing very well as many Americans see opportunity, but don't know anything about China.
  5. I heard today that China's middle class is about 10% of its populaition. This means that an astound percentage are from a lower class. What does it mean to be lower class in China? I know that I'm going to really, really enjoy my stay here. However, I know that going from 5-star hotel to 5-star hotel isn't going to give me a real view of China.
  6. Talking with the CEOs from CEO Clubs is a lot of fun, and I'm learning a lot!! Many of these people started companies when they were my age, so it's interesting to see the trajectory their careers took.
We meet the Chinese CEOs tomorrow!

Posted at October 14, 2005 03:47 PM
Comments

That all sounds great Michael! What a phenomenal opportunity!

If 10% of the population is considered middle class, what % is considered rich?

Posted by: Adam at October 16, 2005 01:13 PM

"She was very surprised that I said, India."

Why?

Posted by: Dhrumil at October 16, 2005 09:07 PM

Was this Angela girl from the Shanghai University of Finance and Economics? If so I do believe I could have met the same girl earlier this year on a symposium I attended for my University at SUFE. They are a fantastic bunch of kids from that place, very helpful, friendly and driven.

Posted by: serp at October 20, 2005 10:43 PM
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